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How to properly license Office for 20 PCs in a business

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Office currently has 20 PCs with a mix of Office 2007 and 2010 Business (Word, Excel, Powerpoint, Outlook). Would like to upgrade and get them all on 2016 with 100% proper licensing. After upgrading, my expectation is they will stay with 2016 for at least 5 years. I am open to either licenses (like we do now), or buying an annual subscription. It would be nice to have an online console to manage licenses - computers periodically get replaced or wiped/reinstalled when they get quirky - right now the licenses are managed manually. Suggestions? -- NOTHING justifies terrorism. We don't negotiate with terrorists. Those that support terrorists are terrorists.

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